What Is The Breakeven Point?

August 29, 2020 275

Entrepreneurship

by Inner Circle The breakeven point in business is when your income and expenses line up. You aren’t really turning a profit, but you aren’t bleeding money every month either.According to FreshBooks it takes a startup an average of two to three years to get to breakeven point. Many never do. Making running out of […]Continue Reading

Six Tech Startups Chase IPO

August 28, 2020 392

Information Technology

On Monday, August 24, 2020 ,six technology startups filed for initial public offer, IPO. Asana, Snowflake, Unity, Palantir, JFrog, and Sumo Logic, all submitted their S-1s, marking one of the busiest days in history for United States’s Securities and Exchange Commission, SEC filings. With the stock market recovered from its COVID-induced drop in April, tech […]Continue Reading

Emefiele’s Naira Exchange Woes

August 27, 2020 2440

Banking & Finance

By Sanya AdemiluyiGodwin Emefiele governor of Nigeria’s Central Bank, CBN is a man on the spot. Having taken on the economic activist role in recent times ,the CBN governor may also neatly fit into a monetary policy hawk’s description.Needless to say, his economic activism has also led him to take on fiscal policy as part […]Continue Reading

OPEC Hopes Full commitment To Output Quotas Will Help Firm Oil Prices

August 21, 2020 488

News

By Sanya AdemiluyiAt its virtual meeting, Wednesday, August 19, 2020, OPEC + ‘s Joint Ministerial Monitoring Committee ,JMMC the key words were “full and timely conformity.” As the world’s major crude oil producers closed their ranks over efforts to stabilize the global oil market, a new sense of cooperation appears to be holding up among […]Continue Reading

DPR to Fast-track Integration of Domestic Gas Market Hubs into NGTNC

August 13, 2020 310

Oil & Gas

The Department of Petroleum Resources (DPR) has restated its commitment to fast-tracking the full integration of domestic gas market hubs into the Nigeria Gas Transportation Network Code (NGTNC).This it said is to ensure optimal impact in the country’s domestic gas market.DPR’s Director, Mr Auwalu Sarki, made the commitment at the recent flag-off of the NGTNC. […]Continue Reading

How Syndicated Rounds Work

August 9, 2020 438

Entrepreneurship

by Alejandro Cremades How Syndicated Rounds WorkSyndicated rounds are more complicated than standard funding rounds because large numbers of investors are expected to cooperate when offering capital. This inevitably leads to startup founders interacting with several investors, which increases the risk of share dilution and disagreement.However, when an entrepreneur Continue Reading